DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) Sees Significant Growth in Short Interest

DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 6,403 shares, an increase of 65.8% from the July 30th total of 3,863 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 11,293 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of DoubleLine Asset-Backed Securities ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in shares of DoubleLine Asset-Backed Securities ETF in the 1st quarter worth approximately $3,191,000. Flow Traders U.S. LLC bought a new stake in shares of DoubleLine Asset-Backed Securities ETF in the 3rd quarter valued at approximately $1,853,000. Beam Wealth Advisors Inc. raised its position in shares of DoubleLine Asset-Backed Securities ETF by 9.0% during the 4th quarter. Beam Wealth Advisors Inc. now owns 276,379 shares of the company’s stock valued at $14,070,000 after acquiring an additional 22,905 shares in the last quarter. Naples Global Advisors LLC raised its position in shares of DoubleLine Asset-Backed Securities ETF by 29.8% during the 4th quarter. Naples Global Advisors LLC now owns 10,350 shares of the company’s stock valued at $527,000 after acquiring an additional 2,375 shares in the last quarter. Finally, Csenge Advisory Group bought a new position in DoubleLine Asset-Backed Securities ETF during the fourth quarter worth $361,000.

DoubleLine Asset-Backed Securities ETF Stock Performance

Shares of DABS stock traded up $0.04 during trading hours on Monday, hitting $50.40. 150,960 shares of the company were exchanged, compared to its average volume of 15,883. DoubleLine Asset-Backed Securities ETF has a one year low of $50.15 and a one year high of $51.52. The business’s 50-day simple moving average is $50.44 and its two-hundred day simple moving average is $50.64.

About DoubleLine Asset-Backed Securities ETF

The Doubleline ABS ETF (DABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest broadly in asset-backed, fixed income securities denominated in USD from both private and government sectors. The ETF targets an average duration of 1-6 years and mainly investment grade securities. DABS was launched on Feb 28, 2025 and is issued by DoubleLine.